Block of Flats for Sale in Ipaja with Strong Rental Potential

Baruwa, Ipaja, Lagos

₦130,000,000

825

sqm

Block of Flats

Residential

About this property

This block of flats offers a noteworthy investment opportunity in a secure estate at Baruwa, Ipaja. The property comprises a well-structured three-bedroom duplex along with two two-bedroom flats, two self-contained rooms, and a mini flat, all housed on a generous 825 sqm plot. The estate is known for its safety and community feel, making it attractive for tenants, which promises good rental returns. Depending on your management and enhancements, the rental income could reach approximately 2.5 million yearly, presenting a solid prospect for yield. The configuration of the property allows for various living arrangements, making it versatile for different tenant needs. This combination of space and potential makes the block of flats a noteworthy consideration for buyers looking to enter the rental market.